Housing, whether that is rent or a mortgage payment, is the biggest line item in most household budgets. It also takes the most time, money, and effort to change, so when you are deciding on this part of your
It’s no secret that on average, women are paid less than men. But economic inequalities extend beyond the pay gap. In fact, even though women make less money, they have to shell out more cash (often just for basic
The U.S. tax code is notoriously complicated. There are professionals out there who can help you with your tax questions and quandaries, but finding the right help is a challenge in its own right. To add to the complication,
Breaking or forming a habit is no easy task. Often you need to develop a habit in order to break one. Habits are elusive, they say it takes 21 days to form a habit but this is misleading, it
Money Dates are a hot topic any time of year!
There are a lot of reasons why money and coupledom need to be a discussion. One is that when we choose to share our lives with someone, that person’s
Every romantic relationship is as unique as the two people who make up the couple. There are no hard-and-fast rules about how long it should take to reach any financial milestone, but if you find yourself skipping over steps,
While queer couples have been able to obtain “domestic partnerships” for years, actual “marriage” has only been federally recognized for a little over five years. With state recognized marriage, queer couples also have to navigate their joint finances. There
Money is frequently a stressful subject in romantic relationships and one of the leading causes of divorce. Even when finances are not a point of contention in a relationship, they can easily become an afterthought with everything else going
Ever since the abolition of slavery in 1865, there has been a prevalent racial wealth gap in America. The abolition of slavery was supposed to begin an era of Black wealth in America, but structural racism has made it
Here at The Financial Gym Advisors, we are all about making small changes that won’t impact your day-to-day life too much but will impact your budget (for the better!). Below is a list of six things that we think
Are you stuck living in the paycheck-to-paycheck cycle? It’s time to build your emergency fund. An emergency fund is money you have set aside for the emergencies that inevitably come up. Your car breaks down, you lose your job,
When we have so many competing priorities: rent, bills, retirement, student loans, credit card bills, and day-to-day discretionary spending, it can be hard to know what “living within your means” actually means.
Living within your means is the first
If you are hoping to travel in 2023, you are in good company: the U.S. Travel Association is forecasting that Americans will be taking more trips and spending more on them than in 2022. But amazing adventures to sip
Money can help catapult you closer to larger life goals making rewarding milestones, like buying your first home or retiring early, a reality. On the flip side, the lack of money can also feel like a setback keeping those
With the new year and new goals on the horizon, we thought it would be a good idea to share six roadblocks you may hit while taking action on your finances.
In order to motivate yourself to change ingrained
The one-on-one monthly accountability membership at Financial Gym Advisors connects you with a Certified Financial Trainer ®, also known as your B.F.F. (Best Financial Friend). Your financial trainer has one job: to help you achieve your financial goals.
Here’s
So much of our day-to-day lives are made up of habits: small actions we perform frequently without much thought—checking our phones when we first wake up, brushing our teeth, or crashing on the couch after work, for example. These
On one hand, managing money is just math: how much comes in, how much goes out, and how much gets set aside. On the other hand, it has nothing to do with math and everything to do with emotion.
Transitioning from the end of one year into the next is the ideal time to start planning. You can look at the year holistically and identify any financial conflicts or opportunities early on. Either way, you’ll be more prepared
One of our DC-based Financial Trainers, Mike, explains why you may not want to consider debt settlement right away, even though it may seem like a tempting offer to alleviate some of the stress of paying back your debt.
<pLast holiday season we noticed a new trend of current FinGym clients purchasing gift memberships for loved ones, and particularly for their parents. The reasons varied. Sometimes it was to help their parents plan for retirement, or to give
